Excerpt from Measurement of Relative Efficiency of Health Service Organizations With Data Envelopment Analysis: A Simulation
A final distinction is that this paper will deal with measure ment of technical efficiency in contrast to price or allocative efficiency. An organization is technically inefficient if it is possible to increase physical outputs without increasing its inputs, or if it can decrease the inputs without decreasing its outputs Price efficiency - the purchasing of inputs at the lowest price and sale of outputs for the highest price-and allocative efficiency the use of the correct mix of inputs based on the relative prices are of importance but need not and will not be considered concur rently with technical inefficiency. By focusing on the physical inputs and outputs that determine technical efficiency, we can determine if the firm could become more efficient regardless of whether it is efficient with respect to price and allocation considerations.
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Paperback. Condition: New. Print on Demand. This book introduces a new approach to evaluating the relative technical efficiency of nonprofit organizations that have multiple inputs and outputs. The approach is based on linear programming concepts and provides a way to identify inefficient units and the magnitude of their inefficiency. The author investigated an application of this approach to an artificial data set reflecting the operations of a hospital department. Without knowledge of the underlying technology, the approach accurately identified the inefficient units when the inputs and outputs were properly specified. Also elaborated are the strengths and limitations of this approach to address issues that may arise in subsequent field applications. This book will be of interest to managers attempting to compare and evaluate operations of nonprofit organizations such as municipalities, government agencies, universities, and hospitals. The insights on technical efficiency from this book are significant for understanding how resources can be best utilized to improve efficiency. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332269433_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332269433
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332269433
Quantity: 15 available